Supplemental Condensed Consolidating Financial Information | Supplemental Condensed Consolidating Financial Information The Partnership serves as guarantor of the senior notes. These guarantees are full and unconditional. For the purposes of this footnote, Sunoco Logistics Partners L.P. is referred to as "Parent Guarantor" and Sunoco Logistics Partners Operations L.P. is referred to as "Subsidiary Issuer." All other consolidated subsidiaries of the Partnership are collectively referred to as "Non-Guarantor Subsidiaries." The following supplemental condensed consolidating financial information reflects the Parent Guarantor's separate accounts, the Subsidiary Issuer's separate accounts, the combined accounts of the Non-Guarantor Subsidiaries, the combined consolidating adjustments and eliminations, and the Parent Guarantor's consolidated accounts for the dates and periods indicated. For purposes of the following condensed consolidating information, the Parent Guarantor's investments in its subsidiaries and the Subsidiary Issuer's investments in its subsidiaries are accounted for under the equity method of accounting. Condensed Consolidating Statement of Comprehensive Income (Loss) Three Months Ended September 30, 2015 (in millions, unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Revenues Sales and other operating revenue: Unaffiliated customers $ — $ — $ 2,317 $ — $ 2,317 Affiliates — — 90 — 90 Total Revenues — — 2,407 — 2,407 Costs and Expenses Cost of products sold — — 2,024 — 2,024 Operating expenses — — 58 — 58 Selling, general and administrative expenses — 1 25 — 26 Depreciation and amortization expense — — 102 — 102 Impairment charge and other matters — — 103 — 103 Total Costs and Expenses — 1 2,312 — 2,313 Operating Income — (1 ) 95 — 94 Interest cost and debt expense, net — (49 ) — — (49 ) Capitalized interest — 12 — — 12 Other income — — 7 — 7 Equity in earnings of subsidiaries 56 94 — (150 ) — Income (Loss) Before Provision for Income Taxes 56 56 102 (150 ) 64 Provision for income taxes — — (7 ) — (7 ) Net Income (Loss) 56 56 95 (150 ) 57 Less: Net income attributable to noncontrolling interests — — (1 ) — (1 ) Net Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 56 $ 56 $ 94 $ (150 ) $ 56 Comprehensive Income (Loss) $ 56 $ 56 — $ 95 $ (150 ) $ 57 Less: Comprehensive income attributable to noncontrolling interests — — (1 ) — (1 ) Comprehensive Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 56 $ 56 $ 94 $ (150 ) $ 56 Condensed Consolidating Statement of Comprehensive Income (Loss) Three Months Ended September 30, 2014 (in millions, unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Revenues Sales and other operating revenue: Unaffiliated customers $ — $ — $ 4,616 $ — $ 4,616 Affiliates — — 299 — 299 Total Revenues — — 4,915 — 4,915 Costs and Expenses Cost of products sold — — 4,581 — 4,581 Operating expenses — — 55 — 55 Selling, general and administrative expenses — — 30 — 30 Depreciation and amortization expense — — 77 — 77 Total Costs and Expenses — — 4,743 — 4,743 Operating Income — — 172 — 172 Interest cost and debt expense, net — (37 ) (1 ) — (38 ) Capitalized interest — 24 — — 24 Other income — — 7 — 7 Equity in earnings of subsidiaries 155 168 — (323 ) — Income (Loss) Before Provision for Income Taxes 155 155 178 (323 ) 165 Provision for income taxes — — (8 ) — (8 ) Net Income (Loss) 155 155 170 (323 ) 157 Less: Net income attributable to noncontrolling interests — — (2 ) — (2 ) Net Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 155 $ 155 $ 168 $ (323 ) $ 155 Comprehensive Income (Loss) $ 155 $ 155 $ 170 $ (323 ) $ 157 Less: Comprehensive income attributable to noncontrolling interests — — (2 ) — (2 ) Comprehensive Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 155 $ 155 $ 168 $ (323 ) $ 155 Condensed Consolidating Statement of Comprehensive Income (Loss) Nine Months Ended September 30, 2015 (in millions, unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Revenues Sales and other operating revenue: Unaffiliated customers $ — $ — $ 7,766 $ — $ 7,766 Affiliates — — 415 — 415 Total Revenues — — 8,181 — 8,181 Costs and Expenses Cost of products sold — — 7,154 — 7,154 Operating expenses — — 162 — 162 Selling, general and administrative expenses — 1 75 — 76 Depreciation and amortization expense — — 278 — 278 Impairment charge and other matters — — 44 — 44 Total Costs and Expenses — 1 7,713 — 7,714 Operating Income — (1 ) 468 — 467 Interest cost and debt expense, net — (149 ) (2 ) — (151 ) Capitalized interest — 54 — — 54 Other income — — 19 — 19 Equity in earnings of subsidiaries 368 464 — (832 ) — Income (Loss) Before Provision for Income Taxes 368 368 485 (832 ) 389 Provision for income taxes — — (18 ) — (18 ) Net Income (Loss) 368 368 467 (832 ) 371 Less: Net income attributable to noncontrolling interests — — (2 ) — (2 ) Less: Net income attributable to redeemable noncontrolling interests — — (1 ) — (1 ) Net Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 368 $ 368 $ 464 $ (832 ) $ 368 Comprehensive Income (Loss) $ 368 $ 368 $ 466 $ (832 ) $ 370 Less: Comprehensive income attributable to noncontrolling interests — — (2 ) — (2 ) Less: Comprehensive income attributable to redeemable noncontrolling interests — — (1 ) — (1 ) Comprehensive Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 368 $ 368 $ 463 $ (832 ) $ 367 Condensed Consolidating Statement of Comprehensive Income (Loss) Nine Months Ended September 30, 2014 (in millions, unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Revenues Sales and other operating revenue: Unaffiliated customers $ — $ — $ 13,199 $ — $ 13,199 Affiliates — — 1,014 — 1,014 Total Revenues — — 14,213 — 14,213 Costs and Expenses Cost of products sold — — 13,308 — 13,308 Operating expenses — — 124 — 124 Selling, general and administrative expenses — — 82 — 82 Depreciation and amortization expense — — 220 — 220 Total Costs and Expenses — — 13,734 — 13,734 Operating Income — — 479 — 479 Interest cost and debt expense, net — (98 ) (3 ) — (101 ) Capitalized interest — 50 — — 50 Other income — — 18 — 18 Equity in earnings of subsidiaries 418 466 — (884 ) — Income (Loss) Before Provision for Income Taxes 418 418 494 (884 ) 446 Provision for income taxes — — (21 ) — (21 ) Net Income (Loss) 418 418 473 (884 ) 425 Less: Net income attributable to noncontrolling interests — — (7 ) — (7 ) Net Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 418 $ 418 $ 466 $ (884 ) $ 418 Comprehensive Income (Loss) $ 418 $ 418 $ 474 $ (884 ) $ 426 Less: Comprehensive income attributable to noncontrolling interests — — (7 ) — (7 ) Comprehensive Income (Loss) Attributable to Sunoco Logistics Partners L.P. $ 418 $ 418 $ 467 $ (884 ) $ 419 Condensed Consolidating Balance Sheet September 30, 2015 (in millions, unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Assets Cash and cash equivalents $ — $ 45 $ — $ — $ 45 Accounts receivable, affiliated companies — 1 47 — 48 Accounts receivable, net — — 1,373 — 1,373 Inventories — — 647 — 647 Other current assets — — 7 — 7 Total Current Assets — 46 2,074 — 2,120 Properties, plants and equipment, net — — 10,078 — 10,078 Investment in affiliates 6,461 9,605 277 (16,066 ) 277 Goodwill — — 1,358 — 1,358 Intangible assets, net — — 731 — 731 Other assets — 31 67 — 98 Total Assets $ 6,461 $ 9,682 $ 14,585 $ (16,066 ) $ 14,662 Liabilities and Equity Accounts payable $ — $ — $ 1,334 $ — $ 1,334 Accounts payable, affiliated companies — — 51 — 51 Accrued liabilities — 64 117 — 181 Accrued taxes payable — — 44 — 44 Intercompany (1,272 ) (1,787 ) 3,059 — — Total Current Liabilities (1,272 ) (1,723 ) 4,605 — 1,610 Long-term debt — 4,944 — — 4,944 Other deferred credits and liabilities — — 81 — 81 Deferred income taxes — — 244 — 244 Total Liabilities (1,272 ) 3,221 4,930 — 6,879 Redeemable noncontrolling interests — — 15 — 15 Total Equity 7,733 6,461 9,640 (16,066 ) 7,768 Total Liabilities and Equity $ 6,461 $ 9,682 $ 14,585 $ (16,066 ) $ 14,662 Condensed Consolidating Balance Sheet December 31, 2014 (in millions) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Assets Cash and cash equivalents $ — $ 101 $ — $ — $ 101 Accounts receivable, affiliated companies — 3 6 — 9 Accounts receivable, net — — 1,766 — 1,766 Inventories — — 470 — 470 Other current assets — — 3 — 3 Total Current Assets — 104 2,245 — 2,349 Properties, plants and equipment, net — — 8,849 — 8,849 Investment in affiliates 6,189 9,168 226 (15,357 ) 226 Goodwill — — 1,358 — 1,358 Intangible assets, net — — 770 — 770 Other assets — 28 64 — 92 Total Assets $ 6,189 $ 9,300 $ 13,512 $ (15,357 ) $ 13,644 Liabilities and Equity Accounts payable $ — $ — $ 1,934 $ — $ 1,934 Accounts payable, affiliated companies — — 21 — 21 Accrued liabilities — 58 246 — 304 Accrued taxes payable — — 52 — 52 Intercompany (489 ) (1,172 ) 1,661 — — Total Current Liabilities (489 ) (1,114 ) 3,914 — 2,311 Long-term debt — 4,225 35 — 4,260 Other deferred credits and liabilities — — 71 — 71 Deferred income taxes — — 249 — 249 Total Liabilities (489 ) 3,111 4,269 — 6,891 Redeemable noncontrolling interests — — 15 — 15 Total Equity 6,678 6,189 9,228 (15,357 ) 6,738 Total Liabilities and Equity $ 6,189 $ 9,300 $ 13,512 $ (15,357 ) $ 13,644 Condensed Consolidating Statement of Cash Flows Nine Months Ended September 30, 2015 (in millions, unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Net Cash Flows provided by (used in) Operating Activities $ 368 $ 365 $ 396 $ (832 ) $ 297 Cash Flows provided by (used in) Investing Activities: Capital expenditures — — (1,678 ) — (1,678 ) Acquisitions, net of cash received — — (131 ) — (131 ) Change in long-term note receivable — — (14 ) — (14 ) Intercompany (1,150 ) (1,111 ) 1,429 832 — Net cash provided by (used in) investing activities (1,150 ) (1,111 ) (394 ) 832 (1,823 ) Cash Flows provided by (used in) Financing Activities: Distributions paid to limited and general partners (491 ) — — — (491 ) Distributions paid to noncontrolling interests (1 ) — — — (1 ) Net proceeds from issuance of limited partner units 1,274 — — — 1,274 Payments of statutory withholding on net issuance of limited partner units under LTIP — — (10 ) — (10 ) Repayments under credit facilities — (1,760 ) — — (1,760 ) Borrowings under credit facilities — 2,454 — — 2,454 Contributions attributable to acquisition from affiliate — — 8 — 8 Other — (4 ) — — (4 ) Net cash provided by (used in) financing activities 782 690 (2 ) — 1,470 Net change in cash and cash equivalents — (56 ) — — (56 ) Cash and cash equivalents at beginning of period — 101 — — 101 Cash and cash equivalents at end of period $ — $ 45 $ — $ — $ 45 Condensed Consolidating Statement of Cash Flows Nine Months Ended September 30, 2014 (in millions, unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total Net Cash Flows provided by (used in) Operating Activities $ 417 $ 379 $ 414 $ (884 ) $ 326 Cash Flows provided by (used in) Investing Activities: Capital expenditures — — (1,826 ) — (1,826 ) Investment in joint venture interests — — (42 ) — (42 ) Acquisitions, net of cash received — — (65 ) — (65 ) Change in long-term note receivable — — (11 ) — (11 ) Intercompany (890 ) (1,551 ) 1,557 884 — Net cash provided by (used in) investing activities (890 ) (1,551 ) (387 ) 884 (1,944 ) Cash Flows provided by (used in) Financing Activities: Distributions paid to limited and general partners (335 ) — — — (335 ) Distributions paid to noncontrolling interests (4 ) — — — (4 ) Contributions from general partner 2 — — — 2 Net proceeds from issuance of limited partner units 593 — — — 593 Payments of statutory withholding on net issuance of limited partner units under LTIP — — (6 ) — (6 ) Repayments under credit facilities — (1,770 ) — — (1,770 ) Borrowings under credit facilities — 2,095 — — 2,095 Net proceeds from issuance of long-term debt — 989 — — 989 Repayment of senior notes — (175 ) — — (175 ) Advances to affiliated companies, net 217 79 (57 ) — 239 Contributions attributable to acquisition from affiliate — — 9 — 9 Net cash provided by financing activities 473 1,218 (54 ) — 1,637 Net change in cash and cash equivalents — 46 (27 ) — 19 Cash and cash equivalents at beginning of period — 12 27 — 39 Cash and cash equivalents at end of period $ — $ 58 $ — $ — $ 58 |